I hope that you guys have a good trading week so far.
In this post, I am going to share with you my analysis on the EURUSD and USDJPY so that you can learn something from this live trading chart
My EURUSD Analysis and 70 pips profits
At the time of writing this post, I have just exit my 2 EURUSD trades with a total of 140 pips profits and if you are a user of my trade copier, you should see this profits on your account as well when you wake up.
In fact, we have 6 consecutive wins yesterday making a total of 200 pips which is a good trading day.
The trades were taken last night before I go to bed as I see that the price has hit the 200 EMA on the 15 minutes chart producing multiple candlestick which is something I have taught you in one of my post.
I have recorded a video to show you why i enter the trade before I go to bed yesterday
My USDJPY Analysis
For the USDJPY, I just want to let you know that it has hit 2 major resistance, the 100 and 200 EMA on the weekly chart. Therefore if you are still going to go LONG, you have to be careful.
At the same time, it has also hit the 100 EMA on the daily chart as well.
This is what we called the confluence of events which we traders have to look out for
I will write a post more on this later.
For those of you who are interested in my trade copier, you can take a look at the link below as there is a 30 to 90 days trial to the service.